In a Daffy Legacy Plan, the role of a successor is crucial. As a successor, you are appointed to take over as an advisor on the Daffy account in the unfortunate event of the account holder's death. This means you will be empowered to make donation recommendations for the Donor-Advised Fund (DAF).
Daffy ensures that all successors meet their eligibility criteria, ensuring a smooth transition and continuation of the account holder's philanthropic intentions. If the successor is unreachable, unavailable, or unwilling to take responsibility for the account, any remaining balance will be transferred to Daffy’s general charitable fund, ensuring the funds continue to support charitable causes.
Daffy makes it easy to add a successor. Simply click on your settings and go to Account Information. If you'd like to add a charitable beneficiary, Daffy's support team is ready to assist you.
Choosing Daffy for your DAF is a great option. Not only does it provide a simple and effective way to manage your charitable giving, but it also ensures that your philanthropic legacy continues even after your passing. With Daffy, you can inspire generosity and make a lasting impact.